{"id":1684,"date":"2024-10-25T20:01:46","date_gmt":"2024-10-25T20:01:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1684"},"modified":"2024-10-25T20:01:46","modified_gmt":"2024-10-25T20:01:46","slug":"federal-probe-into-tether-examines-potential-sanctions-and-money-laundering-breaches-wsj","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1684","title":{"rendered":"Federal Probe Into Tether Examines Potential Sanctions And Money-Laundering Breaches: WSJ"},"content":{"rendered":"<div>\n<p>U.S. federal authorities are currently examining stablecoin issuer <strong>Tether<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">USDT<\/a>) for potential infractions of U.S. sanctions and <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41487927\/nigeria-drops-money-laundering-charges-against-binance-executive-amid-diplomatic-pressure\">anti-money-laundering regulations<\/a>, according to a report.<\/p>\n<p><strong>What Happened: <\/strong>This inquiry, conducted by the Manhattan U.S. Attorney&#8217;s Office, is investigating possible misuse of Tether&#8217;s stablecoin in activities like drug trafficking, terrorism financing, and laundering proceeds from these illicit actions, The Wall Street Journal <a href=\"https:\/\/www.wsj.com\/finance\/currencies\/federal-investigators-probe-cryptocurrency-firm-tether-a13804e5?reflink=e2twmkts\">reported<\/a>.<\/p>\n<p>While Tether CEO <strong>Paolo Ardoino<\/strong> has not responded to queries from Benzinga, he termed the WSJ report as regurgitation of old noise.<\/p>\n<p>\u201cAs we told to WSJ there is no indication that Tether is under investigation. WSJ is regurgitating old noise. Full stop,\u201d he <a href=\"https:\/\/x.com\/paoloardoino\/status\/1849876338573799912\">stated<\/a> on Twitter.<\/p>\n<p>In a statement sent to Benzinga, <strong>Will Hild<\/strong>, Executive\u00a0Director of Consumers\u2019 Research said that the development emphasizes what Consumers\u2019 Research has been saying for months. <\/p>\n<p>\u201cWe have worked hard to educate consumers on Tether\u2019s shady practices and record of transparency refusal, and we are proud to see our warnings be heard. For years Tether has bent over backwards to keep &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41555467\/federal-probe-into-tether-examines-potential-sanctions-and-money-laundering-breaches-wsj\" alt=\"Federal\" probe into tether examines potential sanctions and money-laundering breaches: wsj>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. federal authorities are currently examining stablecoin issuer Tether (CRYPTO: USDT) for potential infractions of U.S. sanctions and anti-money-laundering regulations, according to a report. What Happened: This inquiry, conducted by the Manhattan U.S. Attorney&#8217;s Office, is investigating possible misuse of Tether&#8217;s stablecoin in activities like drug trafficking, terrorism financing, and laundering proceeds from these illicit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1684","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1684"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1684\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}